*NO FLOODING OR DAMAGE FROM HELENE OR MILTON** **NEW ROOF** 10-unit income-producing property located in the heart of the newly invigorated Skyway Marina District in St Petersburg, Florida. Uniquely subdivided with individually parceled units for easy CONDO CONVERSION. This well-maintained concrete block multifamily has huge upside potential with current rents below market. 6 of the 10 units have been updated within the past 2 years. Comprised of (8)1 bedroom/1 bath and (2) 2 bedroom/2 bath units nicely appointed and well maintained. Each unit has a private covered patio space facing westward, perfect for taking in the coastal breeze while watching the sunset over the Pinellas Trail. 6 units are on month-to-month leases. Add value by stabilizing rents or selling individually. Freshly painted exterior. The newly RENOVATED detached laundry provides an additional income stream opportunity. 10 tandem off-street parking spots for tenants and additional spaces for guests. Units are individually metered with each tenant paying for their electricity. Owner currently pays water/sewer/garbage, but verbiage in the lease allows this expense to be passed through to tenants. First-class walkability. The Pinellas Trail runs directly in front of the building. Situated adjacent to multi-million dollar waterfront neighborhoods. Within blocks of area favorites: Starbucks, Tiki Docks, Maximo Marina, and Publix. The Skyway Marina District has been experiencing rapid expansion and change with more development on the way, including a new Sprouts Farmers Market. Easy access to I-275, US19, Eckerd College, DT St Pete, and area beaches. *DO NOT DISTURB TENANTS*DO NOT WALK PROPERTY* Contact Ashley Frazier for Offering Memorandum and Financials.
Sold for $1,790,000
$1,790,000
4420 37TH STREET S #1-10, ST PETERSBURG, FL 33711
12beds
7,840sqft
Condominium
Built in 1969
-- sqft lot
$2,005,500 Zestimate®
$228/sqft
$2,901 Estimated rent
Home value
$2,005,500
$1.68M - $2.41M
$2,901/mo
Zestimate® history
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$12,503/mo
Est. payment
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$12,503/mo
Est. payment
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List your homeWhat's special
New roofCoastal breezeOff-street parking spotsPrivate covered patio spaceWatching the sunset
Zillow last checked:
Listing updated:
Listed by:
Ashley Frazier 727-239-5521,
DALTON WADE INC 888-668-8283
Bought with:
Dan Kempka, 3375156
SERHANT
Source: Stellar MLS,MLS#: U8246435
Originating MLS: Pinellas Suncoast
Originating MLS: Pinellas Suncoast
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 12
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 12x12
Kitchen
- Level: First
- Dimensions: 10x10
Living room
- Features: No Closet
- Level: First
- Dimensions: 17x12
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: Common Area
Features
- Flooring: Ceramic Tile
- Windows: Window Treatments, Hurricane Shutters
- Has fireplace: No
Interior area
- Total structure area: 7,840
- Total interior livable area: 7,840 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony, Lighting, Private Mailbox
Lot
- Size: 0.42 Acres
- Dimensions: 145 x 125
- Features: Flood Insurance Required, FloodZone, Landscaped, Near Public Transit
Details
- Additional structures: Other
- Additional parcels included: 03-32-16-13459-000-0020;03-32-16-13459-000-0030; 03-32-16-13459-000-0040;03-32-16-13459-000-0050;03-32-16-13459-000-0060;03-32-16-13459-000-0070;03-32-16-13459-000-0080;03-32-16-13459-000-0090;03-32-16-13459-000-0100; 03-32-16-13459-000-0001
- Parcel number: 033216134590000010
- Zoning: NSM-1
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
- Foundation: Slab
- Roof: Other
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Public
Community & HOA
Community
- Features: None
- Pet fee: $0 monthly
- Subdivision: CARIBBEAN APTS CONDO
HOA
- Has HOA: No
- Services included: None
- HOA name: Condo Docs and Fees Not Currently Enforced.
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $228/sqft
- Annual tax amount: $10,458
- Date on market: 6/21/2024
- Cumulative days on market: 149 days
- Listing terms: Cash,Conventional,Other
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/24/2024 | Sold | $1,790,000-10.5%$228/sqft |
Source:  Stellar MLS #U8246435 Report a problem | ||
| 12/3/2024 | Pending sale | $2,000,000$255/sqft |
Source: Stellar MLS #U8246435 Report a problem | ||
| 8/16/2024 | Listed for sale | $2,000,000$255/sqft |
Source: Stellar MLS #U8246435 Report a problem | ||
| 8/2/2024 | Pending sale | $2,000,000$255/sqft |
Source: Stellar MLS #U8246435 Report a problem | ||
| 6/21/2024 | Listed for sale | $2,000,000$255/sqft |
Source: Stellar MLS #U8246435 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 33711
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Nearby schools
GreatSchools rating
- 4/10Gulfport Montessori Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 4/10Bay Point Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10Lakewood High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$2,005,500
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Estimated market value
$2,005,500
- Florida
- Pinellas County
- Saint Petersburg
- 33711
- 4420 37TH STREET S Unit 1-10
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